Desjardins Issues Optimistic Forecast for TSE:NA Earnings

Key Points

• Desjardins analysts have raised their Q3 2025 earnings per share estimate for National Bank of Canada from $2.45 to $2.76, maintaining a "Hold" rating with a target price of $150.00.
• The bank recently increased its quarterly dividend from $1.14 to $1.18, resulting in an annualized dividend yield of 3.1%.
• Mixed ratings among analysts show a consensus "Hold" rating, with one "strong buy," eight "holds," and one "sell," reflecting varying sentiments on the stock's performance.

National Bank of Canada (TSE:NA - Free Report) - Research analysts at Desjardins boosted their Q3 2025 earnings per share estimates for shares of National Bank of Canada in a research note issued on Tuesday, August 12th. Desjardins analyst D. Young now forecasts that the financial services provider will post earnings of $2.76 per share for the quarter, up from their previous estimate of $2.45. Desjardins has a "Hold" rating and a $150.00 price target on the stock. The consensus estimate for National Bank of Canada's current full-year earnings is $10.84 per share.

Several other equities research analysts also recently issued reports on the stock. Royal Bank Of Canada lifted their price target on shares of National Bank of Canada from C$148.00 to C$152.00 and gave the stock a "sector perform" rating in a research note on Monday, June 9th. Scotiabank upgraded National Bank of Canada to a "strong-buy" rating in a research note on Thursday, May 15th. Canaccord Genuity Group lifted their target price on National Bank of Canada from C$136.00 to C$138.00 and gave the stock a "hold" rating in a research report on Tuesday, June 24th. Barclays boosted their price target on National Bank of Canada from C$141.00 to C$147.00 and gave the stock an "equal weight" rating in a research note on Thursday, August 14th. Finally, CIBC raised their price objective on National Bank of Canada from C$125.00 to C$127.00 and gave the company an "underperform" rating in a research note on Thursday, June 5th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of C$140.08.

National Bank of Canada Stock Down 0.4%

Shares of NA traded down C$0.64 during mid-day trading on Friday, reaching C$150.38. 242,209 shares of the stock traded hands, compared to its average volume of 1,808,498. The firm has a market cap of C$58.63 billion, a price-to-earnings ratio of 13.34, a P/E/G ratio of 7.14 and a beta of 1.12. The stock has a fifty day simple moving average of C$142.04 and a 200 day simple moving average of C$129.08. National Bank of Canada has a 12-month low of C$106.67 and a 12-month high of C$151.40.

National Bank of Canada Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 1st. Investors of record on Friday, August 1st were given a dividend of $1.18 per share. The ex-dividend date was Monday, June 30th. This represents a $4.72 dividend on an annualized basis and a yield of 3.1%. This is an increase from National Bank of Canada's previous quarterly dividend of $1.14. National Bank of Canada's payout ratio is presently 39.03%.

National Bank of Canada Company Profile

National Bank of Canada provides financial services to individuals, businesses, institutional clients, and governments in Canada and internationally. It operates through four segments: Personal and Commercial, Wealth Management, Financial Markets, and U.S. Specialty Finance and International. The Personal and Commercial segment offers personal banking services, including transaction solutions, mortgage loans and home equity lines of credit, consumer loans, payment solutions, and savings and investment solutions; various insurance products; and commercial banking services, such as credit, and deposit, investment solutions, international trade, foreign exchange transactions, payroll, cash management, insurance, electronic transactions, and complimentary services.